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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001181431-10-010635.txt : 20100219
<SEC-HEADER>0001181431-10-010635.hdr.sgml : 20100219
<ACCEPTANCE-DATETIME>20100219165552
ACCESSION NUMBER:		0001181431-10-010635
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20100219
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20100219
DATE AS OF CHANGE:		20100219

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EQUUS TOTAL RETURN, INC.
		CENTRAL INDEX KEY:			0000878932
		IRS NUMBER:				760345915
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-00098
		FILM NUMBER:		10620128

	BUSINESS ADDRESS:	
		STREET 1:		EIGHT GREENWAY PLAZA
		STREET 2:		SUITE 930
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77046
		BUSINESS PHONE:		7135290900

	MAIL ADDRESS:	
		STREET 1:		EIGHT GREENWAY PLAZA
		STREET 2:		SUITE 930
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77046

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EQUUS II INC
		DATE OF NAME CHANGE:	19970422
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>rrd266994.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE>U</TITLE>
</HEAD>
<BODY LINK="#0000ff">
<P ALIGN="CENTER"><B>U.S. SECURITIES AND EXCHANGE COMMISSION</P>
<P ALIGN="CENTER">Washington, D.C. 20549</P>
<P ALIGN="CENTER"></P>
<FONT SIZE=4><P ALIGN="CENTER">FORM 8-K</P>
</FONT><P ALIGN="CENTER"></P>
<FONT SIZE=4><P ALIGN="CENTER">CURRENT REPORT</P>
</B></FONT><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</P>
<P>Date of Report (Date of earliest event reported): February 16, 2010</P>
<B><FONT SIZE=4><P ALIGN="CENTER">Equus Total Return, Inc.</P>
</B></FONT><P ALIGN="CENTER">(Exact name of registrant as specified in its charter)</P>
<B><P ALIGN="CENTER">Delaware</P>
</B><P ALIGN="CENTER">(State or other jurisdiction of incorporation)</P>
<P>&#9;&#9;&#9;   <B>0-19509</B>&#9;&#9;&#9;&#9;       <B>76-0345915</P><DIR>
<DIR>
</B><P>(Commission File Number) &#9;&#9;(I.R.S. Employer Identification No.)</P>
</DIR>
</DIR>
<B><P ALIGN="CENTER">Eight Greenway Plaza, Suite 930, Houston, Texas 77046</P>
</B><P ALIGN="CENTER">(Address of principal executive offices, zip code)</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Registrant's telephone number, including area code: <B>(713) 529-0900</P>
</B><P ALIGN="CENTER"></P>
<B><P ALIGN="CENTER">N/A</P>
</B><P ALIGN="CENTER">(Former name or former address, if changed since last report)</P>
<P>&nbsp;</P>
<P>&#9;Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>
<P>[  ] Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
<P>[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P>[  ]  Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange act (17 CFR 240.14d-2(b))</P>
<P>[  ]  Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange act (17 CFR 240.13e-4(c))</P>
<P>&nbsp;</P>
<B><P>Item 5.02.&#9;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</P>
</B>
<P>&#9;On February 16, 2010, the Board of Directors of Equus Total Return, Inc. (the &quot;Fund&quot;) appointed Alan D. Feinsilver to serve as non-executive Chairman of the Board.  Mr. Feinsilver has served on the Fund's Board as an Independent Director for four years.  He was recently the Fund's Audit Committee Chairman and will continue to serve on the Committee.  Mr. Feinsilver is a certified public accountant, attorney, and entrepreneur, who resides in Houston, TX.  He is the owner and president of The Overbrook Company, a private investment company also based in Houston. &#9; </P>
<P>Mr. Feinsilver replaces Gregory J. Flanagan as Chairman of the Board.  Mr. Flanagan served as the Fund's Chairman, Chief Executive Officer and President during the Fund's transition to an &quot;internally&quot; managed investment operation from July 2009 to present.  Mr. Flanagan resigned from his officer positions to pursue other endeavors. &#9;</P>
<P>On February 16, 2010, the Board also appointed S. J. &quot;Jay&quot; Brown, age 41, the Fund's Chief Investment Officer.  He will serve as the Fund's principal executive officer for an interim period.  Mr. Brown has 16 years of corporate finance and transactional experience serving in principal and advisory roles mostly involving private equity and investment banking sectors.  He has been a consultant to the Fund since October 2009 and has recently served as the general partner of a private equity partnership.  He has an MBA (finance) from the University of Houston, and a BBA from Baylor University and is a Chartered Financial Analyst.  Mr. Brown resides in Houston, TX.</P>
<P>&#9;</P>
<P>&#9;A copy of the Fund's press release announcing Mr. Feinsilver and Mr. Brown's appointments, in addition to other leadership changes, is attached hereto as Exhibit 99.1 and is incorporated herein by reference.</P>
<P>&#9;</P>
<B><P>Item 9.01. Financial Statements and Exhibits.</P>
</B><P>(d)&#9;<U>Exhibits</U>.</P>
<P>&#9;99.1&#9;Press Release, dated February 18, 2010.</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<B><P ALIGN="CENTER">SIGNATURE</P>
</B>
<P>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P ALIGN="RIGHT"><TABLE CELLSPACING=0 BORDER=0 WIDTH=623>
<TR><TD WIDTH="2%" VALIGN="MIDDLE">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="MIDDLE">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="3%" VALIGN="MIDDLE">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="MIDDLE">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="43%" VALIGN="MIDDLE">&nbsp;</TD>
</TR>
<TR><TD WIDTH="46%" VALIGN="TOP" COLSPAN=3>&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="47%" VALIGN="TOP" COLSPAN=3>
<B><P>EQUUS TOTAL RETURN, INC.</B></TD>
</TR>
<TR><TD WIDTH="46%" VALIGN="MIDDLE" COLSPAN=3>&nbsp;</TD>
<TD WIDTH="5%" VALIGN="MIDDLE" COLSPAN=3>&nbsp;</TD>
<TD WIDTH="49%" VALIGN="MIDDLE" COLSPAN=4>&nbsp;</TD>
</TR>
<TR><TD WIDTH="46%" VALIGN="TOP" COLSPAN=3>
<P>Dated: February 19, 2010</TD>
<TD WIDTH="0%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2>
<P>By:</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="47%" VALIGN="TOP" COLSPAN=3>
<P>/s/ L'Sheryl D. Hudson</P>
</TD>
</TR>
<TR><TD WIDTH="2%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="42%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="0%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="2%" VALIGN="BOTTOM">&nbsp;</TD>
<TD WIDTH="47%" VALIGN="TOP" COLSPAN=3>
<P>L'Sheryl D. Hudson</P>
<P>Senior Vice President and Chief Financial Officer</TD>
</TR>
</TABLE>
</P>
<P>&nbsp;</P></BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>rrd266994_31292.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE>DRAFT</TITLE>
</HEAD>
<BODY>
<B>
<P>FOR IMMEDIATE RELEASE&#9;          CONTACT:  BRETT CHILES</P>
<P>&#9; (713) 529-0900</P>
</B><I>
</I><B><P ALIGN="RIGHT">&nbsp;</P>
<P ALIGN="CENTER">EQUUS TOTAL RETURN, INC. ANNOUNCES</P>
<P ALIGN="CENTER">CHANGES IN LEADERSHIP</P>
</B><I>
</I><P>&nbsp;</P>
<B><P>HOUSTON, TX - February 18, 2010 - Equus Total Return, Inc. (NYSE: EQS) (the &quot;Fund&quot;) </B>has<B> </B>announced a series of strategic leadership moves within its Board of Directors and senior officer ranks.  </P>
<P>Alan D. Feinsilver has been appointed non-Executive Chairman of the Board.  Mr. Feinsilver has served on the Fund's Board as Independent Director for four years.  He was recently the Fund's Audit Committee Chairman and will continue to serve on the Committee.  Mr. Feinsilver is a certified public accountant, attorney, and entrepreneur, who resides in Houston, TX.  He is the owner and president of The Overbrook Company, a private investment company also based in Houston.  </P>
<B>
</B><P>Mr. Feinsilver replaces Gregory J. Flanagan as Chairman of the Board.  Mr. Flanagan served as the Fund's Chairman, Chief Executive Officer and President during the Fund's transition to an &quot;internally&quot; managed investment operation from July 2009 to present.  Mr. Flanagan resigned from his officer positions to pursue other endeavors.  </P>
<P>Francis D. (Doug) Tuggle, Ph.D. was elected Chairman of the Fund's Audit Committee, effective April 1, 2010.  Dr. Tuggle has been an Independent Director of the Fund for nineteen years.  He is a career educator and management consultant.  Dr. Tuggle is former Dean and current professor of the Argyros School of Business and Economics at Chapman University in Orange, CA. </P>
<P>Henry W. (Bill) Hankinson was appointed Chairman of the Fund's Governance and Nominating Committee.  Mr. Hankinson has served on the Board as an Independent Director for four years and has held senior executive management positions for over thirty years.  He is co-founder and general manager of Global Business Associates, LLC, a boutique M&amp;A firm based in Atlanta, GA.</P>
<P>  </P>
<P>S. J. &quot;Jay&quot; Brown, 41, has been appointed the Fund's Chief Investment Officer and will serve as the Fund's principal executive officer for an interim period.  Mr. Brown has 16 years of corporate finance and transactional experience serving in principal and advisory roles mostly involving private equity and investment banking sectors.  He has been a consultant to the Fund since October 2009 and has recently served as the general partner of a private equity partnership.  He has an MBA (finance) from the University of Houston, and a BBA from Baylor University and is a Chartered Financial Analyst.  Mr. Brown resides in Houston, TX.</P>
<P>&quot;These strategic appointments reflect the Fund's transition to internalized management while seeking to provide additional managerial assistance to the portfolio companies,&quot; said Mr. Feinsilver. &quot;The demonstrated performance and experience of these leaders ensure our continued focus to enhance shareholder value.&quot;  </P>
<P>Equus is a business development company that trades as a closed-end fund on the New York Stock Exchange, under the symbol &quot;EQS.&quot; Additional information on Equus Total Return, Inc. may be obtained from the Equus website at <U>www.equuscap.com</U>.</P>
<I><P>This press release may contain certain forward-looking statements regarding future circumstances.  These forward-looking statements are based upon the Fund's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, the risks and uncertainties described in the Fund's filings with the Securities and Exchange Commission.  Actual results, events and performance may differ.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof.  The Fund undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.  The inclusion of any statement in this release does not constitute an admission by the fund or any other person th
at the events or circumstances described in such statements are material.</P>
</I>
<P>&nbsp;</P>
<P>&nbsp;</P></BODY>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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